RBI Grade BNABARD ESISEBI
In one line
Context:
Finance Minister Nirmala Sitharaman visited Pine Labs’ Noida office. Acknowledged fintech‘s role in enabling secure, inclusive financial services, especially for merchants and MSMEs.
Push for Digitisation Across States
“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
- FM emphasized that the Centre is incentivizing states to digitize records faster, especially through:
- 50-year interest-free capital expenditure loans
- Additional incentives for early adoption of digitization
- Stressed that while there is existing momentum on the ground, efforts need to scale up significantly.
Supportive Policy Plans for Fintech and Digital Exports
- Government aims to:
- Formulate fintech-friendly policies
- Promote India’s fintech innovations globally
- Referenced India’s G20 Digital Public Infrastructure Taskforce report, advocating plug-and-play, sovereign-compliant digital systems (e.g., API Setu, GSTN open APIs).
BS
